REGISTERED NUMBER: 09205505 (England and Wales)

PROPERTY SOLUTIONS GROUP (SOUTH EAST)

LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 JUNE 2025

Page

Balance Sheet

1

to

2

Notes to the Financial Statements

3

to

7

FIXED ASSETS

Intangible assets

4

20,984

16,996

Property, plant and equipment

5

7,448

3,133

Investments

6

1

1

28,433

20,130

CURRENT ASSETS

Debtors

7

859,054

658,621

Cash at bank and in hand

383,257

313,662

1,242,311

972,283

CREDITORS

Amounts falling due within one year

8

(873,062

)

(778,123

)

NET CURRENT ASSETS

369,249

194,160

TOTAL ASSETS LESS CURRENT LIABILITIES

397,682

214,290

CREDITORS

Amounts falling due after more than one year

9

(52,294

)

(79,785

)

PROVISIONS FOR LIABILITIES

(1,469

)

(783

)

NET ASSETS

343,919

133,722

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

343,819

133,622

SHAREHOLDERS' FUNDS

343,919

133,722

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 September 2025 and were signed on its behalf by:

Mr B M Mattock - Director

1.	STATUTORY INFORMATION

Property Solutions Group (South East) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

09205505

Registered office:

Town Wall House

Balkerne Hill

Colchester

Essex

CO3 3AD

The presentation currency of the financial statements is the Pound Sterling (£) and the financial statements

are rounded to the nearest Pound.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Computer software is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

10% straight line

Computer equipment

-

33% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Financial instruments

Basic financial instruments are recognised at amortised cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Share-based payments

The company has granted equity-settled share based payments to some of the employees.

The fair value of the options determined at the grant date and are expensed in this company, with a

corresponding increase in equity, on a straight-line basis over the vesting period, based on the estimate of

shares that will eventually vest.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2024 - 22 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 July 2024

41,237

Additions

15,975

At 30 June 2025

57,212

AMORTISATION

At 1 July 2024

24,241

Charge for year

11,987

At 30 June 2025

36,228

NET BOOK VALUE

At 30 June 2025

20,984

At 30 June 2024

16,996

5.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 July 2024

8,584

6,884

15,468

Additions

-

7,614

7,614

At 30 June 2025

8,584

14,498

23,082

DEPRECIATION

At 1 July 2024

8,451

3,884

12,335

Charge for year

77

3,222

3,299

At 30 June 2025

8,528

7,106

15,634

NET BOOK VALUE

At 30 June 2025

56

7,392

7,448

At 30 June 2024

133

3,000

3,133

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 July 2024

and 30 June 2025

1

NET BOOK VALUE

At 30 June 2025

1

At 30 June 2024

1

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

754,396

537,009

Amounts due from subsidiary undertaking

74,190

90,034

Other debtors

85

-

Prepayments and accrued income

30,383

31,578

859,054

658,621

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

27,491

25,567

Trade creditors

396,980

378,874

Taxation and social security

219,456

127,091

Other creditors

229,135

246,591

873,062

778,123

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

52,294

79,785

10.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

37,897

40,968

Between one and five years

128,137

135,954

In more than five years

90,240

120,320

256,274

297,242